Aqr Capital Management buys $475,463,692 stake in UnitedHealth Group Inc (UNH)

UnitedHealth Group Inc (UNH) : Aqr Capital Management scooped up 131,866 additional shares in UnitedHealth Group Inc during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Nov 14, 2016. The investment management firm now holds a total of 3,122,299 shares of UnitedHealth Group Inc which is valued at $475,463,692.UnitedHealth Group Inc makes up approximately 0.72% of Aqr Capital Management’s portfolio.

Other Hedge Funds, Including , Panagora Asset Management Inc reduced its stake in UNH by selling 52,183 shares or 5.51% in the most recent quarter. The Hedge Fund company now holds 895,550 shares of UNH which is valued at $131,126,431. UnitedHealth Group Inc makes up approx 0.63% of Panagora Asset Management Inc’s portfolio.Sii Investments Incwi reduced its stake in UNH by selling 9,244 shares or 54.25% in the most recent quarter. The Hedge Fund company now holds 7,795 shares of UNH which is valued at $1,139,083. UnitedHealth Group Inc makes up approx 0.09% of Sii Investments Incwi’s portfolio.Coconut Grove Bank boosted its stake in UNH in the latest quarter, The investment management firm added 120 additional shares and now holds a total of 736 shares of UnitedHealth Group Inc which is valued at $101,355. UnitedHealth Group Inc makes up approx 0.09% of Coconut Grove Bank’s portfolio.Newfocus Financial Group reduced its stake in UNH by selling 113 shares or 0.29% in the most recent quarter. The Hedge Fund company now holds 39,237 shares of UNH which is valued at $5,580,679. UnitedHealth Group Inc makes up approx 4.12% of Newfocus Financial Group’s portfolio.Benjamin F. Edwards Company reduced its stake in UNH by selling 486 shares or 44.92% in the most recent quarter. The Hedge Fund company now holds 596 shares of UNH which is valued at $86,235. UnitedHealth Group Inc makes up approx 0.02% of Benjamin F. Edwards Company’s portfolio.

UnitedHealth Group Inc closed down -1.32 points or -0.88% at $149.45 with 56,64,818 shares getting traded on Monday. Post opening the session at $151.05, the shares hit an intraday low of $149.4 and an intraday high of $151.66 and the price fluctuated in this range throughout the day.Shares ended Monday session in Red.

On the company’s financial health, UnitedHealth Group Inc reported $2.17 EPS for the quarter, beating the analyst consensus estimate by $ 0.09 according to the earnings call on Oct 18, 2016. Analyst had a consensus of $2.08. The company had revenue of $46293.00 million for the quarter, compared to analysts expectations of $46061.01 million. The company’s revenue was up 11.6% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.65 EPS.

Many Wall Street Analysts have commented on UnitedHealth Group Inc. UnitedHealth Group Inc was Downgraded by Mizuho to ” Neutral” on Nov 9, 2016. Company shares were Reiterated by Mizuho on Oct 19, 2016 to “Buy”, Firm has raised the Price Target to $ 169 from a previous price target of $160 .

UnitedHealth Group Incorporated is a health and well-being company. The Company’s business platforms include UnitedHealthcare and Optum. UnitedHealthcare provides health care benefits to various customers and markets. Optum is a health services business serving the health care marketplace including payers care providers employers Governments life sciences companies and consumers. The Company’s business platforms have four segments: UnitedHealthcare OptumHealth OptumInsight and OptumRx. UnitedHealthcare includes UnitedHealthcare Employer & Individual UnitedHealthcare Medicare & Retirement UnitedHealthcare Community & State and UnitedHealthcare Global. OptumHealth is a health and wellness business serving the physical emotional and financial needs of individuals. OptumInsight provides technology operational and consulting services to participants in the health care industry. OptumRx provides a range of pharmacy benefit management (PBM) services.

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